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One-off Chopsticks Market Outlook and Growth Forecast for the Period 2018-2027

June 11, 2019 by Steve Blade  

Shifting consumer interest towards Chinese cuisine, especially among children has been driving the demand for different forms of cutlery, such as one-off chopsticks. Numerous benefits associated with using one-off chopsticks to eat food continue to create lucrative opportunities for the stakeholders. One-off chopsticks force individuals to eat slowly and deliberately by taking smaller mouthfuls of food, and prompt resting in between bites that gives the stomach adequate time to tell the brain that it is getting full. Such benefits of using these this traditional cutlery to eat meals especially in today’s fitness- and the diet-conscious world are likely to fuel growth in the One-off Chopsticks Market.

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Chopsticks are among the oldest forms of cutleries used to eat Chinese cuisines and have been witnessing traction as a tool to show the stylish and aesthetic sensibilities of individuals. One-off chopsticks are composed of different kinds of materials and hues as they portray distinctive implications.

Growing environment-concerns coupled with the rising trend of using throwaway cutlery is driving manufacturers and companies to create greener one-off chopsticks. However, wood-based one-off chopsticks add considerably to the deforestation due to which manufacturers continue to struggle in finding biodegradable-raw material that complies with the existing environmental regulations.

Manufacturers in the one-off chopsticks market are focusing on developing unbreakable yet stylish one-off chopsticks to curb the practice of tossing chopsticks after one use. Reusing environment-harming cutlery, especially in Chinese restaurants, is anticipated to become a significant trend in the one-off chopsticks market in the forthcoming years. These factors are likely to underpin steady changes in the one-off chopsticks market.

One-off chopsticks are used as a traditional way of eating food in many countries. This tradition has being practiced since ancient times and holds and form an integral part of kitchen utensils and tableware. It is also used to stir and mix food while cooking. Consumption of fast food among children and youth directly affects the demand of one off chopsticks in food joints and restaurant thus, increasing the global demand for one-off chopstick market.

Chopsticks are one of the oldest forms of cutleries used for eating Chinese cuisines. Therefore their demand in Asian countries is the highest. However, the spread of the cuisine across the globe and its increased popularity have led to the spread of chopsticks all around the world. With people adopting this style of eating in different regions in the world, demand for chopstick is likely to experience a steady rise in the near future.

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The market is also driven due to the rising demand for chopsticks from hobbyists who want to learn the art of eating food with chopsticks. The trend of fast food has spread across globe with higher chance of chopsticks being utilized with fast foods.

Since past several years, chopsticks are being used for eating purposes in East Asia. Chopsticks were initially used in China and later the trend of using chopsticks spread across other Asian countries such as Vietnam, Japan, Singapore, Korea, Malaysia and Laos. One-off chopsticks are pair of chopsticks that are joined at one end with a view to facilitate ease and convenience while eating. One-off chopsticks are made of wood, bamboo, stainless steel or even plastic. There is a typical method to use one-off chopsticks. They are held in the dominant hand and with the help of thumb and other fingers they are used to pick up food, usually noodles.

Increasing need for throwaway chopsticks, especially made of aspen is anticipated to boost the one-off chopsticks market growth. Increasing interest in Chinese, especially among kids is also one of the important aspects fuelling the growth of the one-off chopsticks market. Chopsticks are used in many Asian countries, which is creating a positive impact on the growth of the one-off chopsticks market.

The factors restraining the growth of the one-off chopsticks market include government’s regulation against de-forestation.

Asia-pacific region is expected to capture a large revenue share in the one-off chopsticks market owing to increasing use of one-off chopsticks in this region coupled with increasing number of key players involved in the manufacturing of one-off chopsticks in the Asian countries. However, North America region is forecasted to be the fastest growing market in the coming years. Local government in China has restricted the use of throwaway utensils such as chopsticks, which is compelling the manufacturers to shift to North America region for the production of one-off chopsticks. 

Due to presence of various local and micro-local level manufacturers, the one-off chopsticks market is fragmented. Local manufacturers are providing several products at a cheap price thus increasing the intensity of competition within the industry.  Key players in one-off chopsticks market are looking after end-users with customized requirements. Some of the key players functioning in this market are Dom Agri Products, Nanchang Sanyou Industrial Co. Ltd., Pacific East Company, and Ngoc Chau Enterprise Pte., Bamboo Forever Co., Ltd., and Nine Zero Trade & Development Limited (Panda).  

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters.

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

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Automotive Interior Trims Market Global Trends Motivating Revenue Boost Across Prime Geographies during 2018-2027

June 11, 2019 by Steve Blade  

Conveying brand appeal and design has been the foremost concern of automotive manufacturers that has led to the development of unique automotive interior trims in MUVs, SUVs and other passenger vehicles. With a superior fir, aesthetic properties and finish in focus, manufacturers of automotive interior trims are using new materials for various automotive interior components including dashboard, doors and seating. Various wood composites, natural fiber components, fiberglass and glass mat composites are being used in automotive interior trims to cater to critical design considerations according to customer requirements, as  Automotive Interior Trims Market are customizable.

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The traditional view of considering a car as a commuting option has changed to a need based luxury as individuals are inclined towards customizing automotive interior trims of their vehicles to make them aesthetically appealing from the inside. This has increased the scope for automotive interior trims as manufacturers are coming up with novel products for automobile variants. For instance, Trinseo’s innovative PC/ABS, ABS and PP resin compounds meet all requirements for outstanding automotive interior trims for door components. The cost efficient polypropylene compounds, ABS resins and VELVEX reinforced elastomers meet all core requirements for door components. Such advances in automotive interior trims facilitate design flexibility, weight reduction, high durability with dimensional stability, and optimized haptics and appearance.

Automotive interior trims are the parts of automotive ancillaries sector. Automotive trims are utilized in headliners, doors, pillar covers, seats, and cockpit of any vehicle. There are three types of material used for automotive interior trim such as chemical polymers, leather and fabric/textile.

Incorporation of green technology in the automotive industry is a major opportunity for the growth of automotive interior trim market. It is also set to help market players in increasing their market share and business revenue. The automotive interior trim leather industry is following the footsteps of the automotive industry with an adoption of green technology for the manufacturing of automotive leather.  

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With growing concern for environmental-friendly automotive interior leathers, market players need to strike the right balance between high manufacturing costs of "green" materials and stringent regulatory framework that monitors production, in order to maintain sustainability and profitability in such a competitive market.

Major players in the global automotive interior systems market are vertically integrating the interiors supply chain to ensure that they can meet the demand from OEMs and offer a wide variety of automotive interior systems with low manufacturing costs. Moreover with the acquisition of prominent leather manufacturers by key automotive seating systems market players, the raw material price for automotive seating systems is likely to decline and hence, automotive seating manufacturers are expected to gain significant profit margins in the next few years. This factor will create a positive impact on the automotive interior trim market.

Automotive Interior Trim Market- Trends

A number of automakers are turning their focus towards a new technology called smart textiles. Smart textiles are being increasingly used to replace heavier components in vehicles. For example, textiles that can automatically heat and cool themselves could replace thermo-conductive layers, which automakers are currently installing in seats for the same function.

Moreover, along with the application of green technology in automotive leather & textile material, an introduction of a new segment of vehicles, such as electric and hybrid vehicles, is expected to be a major trend which is expected to drive the growth of automotive interior trim market. Owing to increasing demand from emerging economies and rising per capita income in these regions, the passenger vehicles segment is expected to account for a significant share of the market over the forecast period. The passenger vehicles segment continues to rise and is mainly driven by the substantial growth in China.

Automotive Interior Trim Market- Regional Outlook

The automotive interior trim market in APAC is anticipated to be lucrative due to increasing production in automotive sector and the robust demand for commercial vehicles and passenger cars in India, China, and some other APAC countries. Rising production in automotive sector in countries like Mexico and Brazil and escalating demand for inexpensive interior trim and lightweight materials are likely to create unprecedented growth of Latin America automotive interior trim market throughout the assessed period. On the other hand, automotive interior market in North America is expected to show comparatively steady growth due to a slowdown in automotive production in the U.S. and Canada

Automotive Interior Trim Market- Key Manufacturers

Qinghe Yongxin, Cooper Standard, Hebei Longzhi, Toyoda Gosei, Jiangyin Haida, Hutchinson, Jianxin Zhao’s, Henniges, Zhejiang Xiantong, Nishikawa Rubber, Dura Automotive, SaarGummi, Qinghe Huifeng, Minth Group, Guizhou Guihang, Kinugawa, Hwaseung and Magna are some of the top manufacturers functioning in the global automotive interior trim market.

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Halal Hair Care Market Analysis Covering Size, Share, Growth, Trends and Upcoming Opportunities

June 11, 2019 by Steve Blade  

Lack of awareness about halal hair care products remains a main challenge for the market, stakeholders are taking increased marketing initiatives to make this category lucrative for business growth. Leading players in the Halal Hair Care Market are focusing on creating a distinct brand identity and appealing marketing messages, apart from certifying products as halal to expand their customer base.

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Self-grooming products continue to witness a steady rise in traction, owing to the growing need of individuals to look good in a world that eyes outer looks over inner beauty. Individual spending on cosmetic products has grown significantly over the years owing to the rising per-capita income coupled with the urge to look attractive in the socially.

Cosmetics industry has been witnessing new trends due to the shifting consumer preference for natural, organic, and specific type of products. For instance, halal beauty products are gaining momentum in the cosmetic care industry, with the Muslim population eying personal care products that comply with the requirements of being halal. Halal is an Arabic term in Islamic laws that describes items that are considered acceptable for consumption or use. Consequently, halal hair care products are witnessing significant demand from the Muslim population. Furthermore, halal products, such as halal hair care items are associated with values, such as care towards animal & environment welfare, and social responsibility. These factors remain imperative to the growth in the halal hair care market.

Growing focus on creating awareness about the benefits of using halal hair care products remains a key strategy of manufacturers to drive sales among the reluctant non-Islamic population. Such accelerating efforts are anticipated to favor growth in the halal hair care market in the forthcoming years.

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A steadily rising numbers of halal products are getting certified across the globe, leading to the easy availability and access to these products. Thus the markets for halal products are also increasingly being able to target non-traditional consumers (non-Muslims). The trend stays true for the global halal hair care market as well.

Halal products were majorly consumed by Muslims in the past, however, there has been a massive consumption of halal hair care by non-Muslims in the past few years. The rise in demand is due to increased preference for natural and organic products. Consumers today are becoming aware about the presence of harmful chemicals that damage hair in the long run. Therefore, a significant share of the global population is shifting from chemicals to natural and organic products. Halal hair care market will face a significant rise in the market due to this demand of organic hair care.

The proven fact of natural and organic hair care being more effective for various hair problems like baldness, hair fall, and dandruff will also boost the market in the coming years. The youth is interested about the environmental friendly, cruelty free and vegan products and lifestyle. This shift in lifestyle is the major factor for the demand of halal hair care market. Awareness about grooming is also another reason for the growth. The increases awareness among males about hair care is also likely to boost the market.

The word Halal (Arabic word) was typically used to indicate lawful food; however over time this word and the concept behind it has been applied to several aspects particularly in the cosmetic industry. Cosmetic products particularly hair care products such as shampoo, hair oil and hair conditioners, typically consist of animal bone, hair and skin. Also, straightening and curling treatments make use of non-halal products such as keratin. Halal hair care products are enriched with natural ingredients. They are based on proven Halal science and are certified by the Halal authority of that particular region. Today, Halal shampoo is in great demand and is a leading Halal hair care product category. It has been witnessed that apart from Islamic population, consumers from different religions and countries are preferring Halal hair care products over other inorganic cosmetic products.

Growing hijab wearing population particularly in Islamic countries in Southern part of Asia is driving the growth of Halal hair care market. Halal hair care products offer benefits such as good fragrance, long lasting freshness and also help in increasing hair volume. Growing interest in self-grooming among consumers is playing an important role in boosting the Halal hair care market. Personal grooming even in the developing regions has become a necessity. Some hair treatments such as treatment for excessive dandruff can be cured with natural and organic hair products. Moreover, Halal anti dandruff shampoo is largely used to treat itchy scalp. Increasing number of working women in Islamic countries and growing spending on quality cosmetics is also creating a positive impact on the Halal hair care market. 

Lack of awareness is the major obstacle in the way of growth of Halal hair care products. The Halal certified products are still unknown to non-Islamic population. Also, pricing can be a major issue with respect to Halal products as they are expensive. This is expected to have a restraining effect on the use of halal products among non-Islamic population.

Unavailability of wide scale of Halal products is another factor hampering the growth and development of Halal hair care products. Unacceptance from non-Islamic population is one of the significant factors which is creating negative impact on the growth of Halal hair care market.

As Islamic population is mostly concentrated in Asia-Pacific (APAC), it is likely to be a lucrative region for Halal hair care products market. Asian countries such as Bangladesh, Pakistan, Indonesia, India, Malaysia and Indonesia have high concentration of Islamic population that are using Halal hair care products. This is expected to push the growth of the Halal hair care products market in APAC in the coming years. In addition, increasing per capita income in these countries is another significant factor fuelling the growth of Halal hair care products in APAC region.

Some of the prominent companies that manufacture Halal hair care products along with other Halal based cosmetics companies are The Halal Cosmetic Company, Amara Cosmetics, MMA Bio Lab, Inika, Martha Tilhar Group, SirehEmas, Clara International, Ivy Beauty, OnePure, Ethical Beauty, and Muslimah Manufacturing.

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters.

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Farm Tire Market: Influenced by Food Security Compliance through Agricultural Developments

June 11, 2019 by Steve Blade  

A major growth determinant for farm tires market is the strong demand for food and ever-increasing challenge of food security, which in turn has spurred the use of agricultural machineries such as tractors. Prominent manufacturers of farm tires are concentrating on product customization and innovation for maintaining their market competitiveness, and keep their product line & offerings robust. High preference for very high flexion tires is a key trend gaining widespread traction in the farm tires market.

Ever since agricultural machines first burst into the scene in the 1930s, pneumatic tires have had significant influence in the enhancement of the performance of the machines. The ever-increasing size, speed and intricacies of today’s machines pose serious challenge to the tire company to keep up with the demands of customers. Aimed at integrating use of consisting animal and man power with mechanical power sources for improved productivity, farm mechanization programs are being implemented. Besides, governments across countries providing subsidies have encouraged farmers to purchase new equipment and machinery.

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There has also been traction for bias ply tires which could be attributed to its performance characteristics. As such, the use of bias ply for farm equipment has witnessed a surge. In order to adhere to the ever-increasing demand from farm owners, manufacturers are heavily focusing on propelling the tire size to underpin heavy weights. Gravity towards radial tires is set to be witnessed as 20 to 45 inch diameter is expected to expand at the highest growth rate.

When it comes to tractors segment, demand for farm tires is relatively higher vis-à-vis harvesters. According to the study, the demand for farm tires in the 300 to 450 HP harvesters is the highest, while the demand for farm tires is the highest in the 45 to 140 HP category. Meanwhile, spreaders will witness a sluggish growth in the farm tires market.

Demand for Farm Tires Higher in Tractors vis-à-vis Harvesters

Demand for farm tires is higher in tractors segment as compared to harvesters. According to the report, demand for farm tires is highest in the 45 to 140 HP category. The demand for farm tires in the 300 to 450 HP harvesters is the highest. The report projects these two vehicle types to remain at the forefront of adoption for farm tires during the assessment period. Spreaders remain the least attractive segment for farm tire manufacturers, and the status quo is likely to remain unchanged during the assessment period.

Ensuring stakeholders are not oblivious to the new technology, governments and manufacturers are working relentlessly to spread awareness apropos novel technology.

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Radial Farm Tires Continue to Outsell Bias Variants

The radialization trend in the farm tires market is tapering off, however, radial tires continue to be an attractive segment for manufacturers. In a bid to cater to the evolving demand from farm owners, manufacturers are focusing on increasing the tire size to support heavy weights. Farm tire manufacturers are shifting to Group 49, which are 7 ft. tall, and have a rolling circumference index of 256 inches. The report projects 20 to 45 inch rim diameter to grow at the highest CAGR, signifying a shift towards large radial tires. The report opines that size will continue to be a key focus area for manufacturers during the assessment period.

The report is propelled by painstaking research conducted to offer a deep dive analysis. Primary research and secondary research have been applied to offer a judicious insights on farm tires market. The report is underpinned by primary research, incorporating veracious review from experts, telephonic interview, genuine views from seasoned analyst and surveys. Meanwhile, the secondary research encompasses EC filing, Factiva, trade journals and resourceful database. Additionally, the report shed light on absolute dollar opportunity analysis and Y-o-Y projections.

High Load-carrying Capacity & Low-Pressure Farm Tires to Gain Momentum

Over the past couple of years, majority of tire manufacturers have joined the suit of IF, VF, and LSW trend, developing their own versions of tires with flexible sidewalls, which promise lower soil compaction and greater load-carrying capacity. The trend has gained increased emphasis recently, with dramatic rise in size, power, and weight of agricultural equipment.

Current generation of farm tires carry relatively more weight, and are sturdy & resilient in fields against steel and rubber belt-piercing stalks of GMO crops. High performance of these tires on roads at greater speeds for longer distances have augmented their demand among farmers worldwide. Lower-pressure tires that produce larger tire footprint are perceiving higher preference, as they distribute weight of the tractors and other agriculture machinery over the largest possible area for reducing soil compaction.

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Feminine Hygiene Products Market Key Facts and Forecast Predictions Presented Until 2027

June 11, 2019 by Steve Blade  

Feminine hygiene products market has become a treasure for the toiletry manufactures, as they play with the emotional with the target audience to reap maximum benefits out of their brand’s marketing and advertising strategies.  Recent years have witnessed a surge in the number of feminine products, and the Feminine Hygiene Products Market is likely to grow further in the forthcoming years.

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Burgeoning awareness about women health and hygiene has been driving toiletry manufactures to make significant investments in feminine hygiene products. The market is witnessing proliferating penetration of feminine care products on the shelves, owing to the rising number of health awareness programs and initiatives. These initiatives are gaining desired audience attention on account of the fast-growing reach of television and media.

With feminine hygiene brands taking initiatives aimed at providing easy access to the period products to the girls in need, retailers, such as Walmart have jumped in to support the cause efforts. For instance, Walmart has recently collaborated with the Procter & Gamble's brand named ‘Always’ to donate a year's worth of period products to 50 local extracurricular organizations across 50 states, identified by America's Promise Alliance. Such favoring initiatives are providing impetus to the growth of the feminine hygiene products market.

Leading brands in the feminine hygiene products market are increasingly expanding out of the pads, tampons, and liners to appeal to a wider consumer base and to keep the existing ones loyal. With companies focusing on eco-friendly products, the trend of greener feminine hygiene products is likely to gain momentum in the market in the near future.

The global feminine hygiene products market is expected to show a significant expansion in the next few years due to mass awareness being spread across globe regarding the health and safety of females during their menstruation cycles. These attempts at raising awareness will prove to be very beneficial for industries that are into manufacturing a variety of feminine hygiene products.

Feminine hygiene education is a leading topic of discussion and implementation in a number of developed as well as developing economies across the globe. Governments and NGOs are providing facilities even in the smallest of village about the usage of sanitary pads and hygiene related products. The scenario is bringing exceptional demand for the supply of feminine hygiene products in the global market. Demand for sanitary pads has been the highest due to its use among majority of females.

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In emerging economies across regions such as Asia Pacific, the governments’ role in providing feminine hygiene products at subsidized rates or through excluding a variety of feminine hygiene products has been a key enabler of increased demand in the recent years. The orders of Indian Government, for instance, on reducing GST tax over sanitary napkin gives new and emerging companies in the market a chance to manufacture sanitary pads at cheaper rates. The rising awareness about less usage of plastic and shift in usage of natural products is increasing the demand for products made from natural products. The fear of harmful toxins, chemical, and dyes in several conventional products is expected to convince a larger audience to buy organic products in the near future.

Feminine hygiene products are typically used by women for their personal care particularly during vaginal discharge, menstruation and any other bodily functions that are associated with vagina and vulva. These products are broadly categorized into external and internal products.  Female hygiene products include external products such as sanitary napkins, period panties, and sanitary clothes and internal products such as tampons, sea sponge and menstrual cups. Feminine hygiene products have become a necessity particularly in developing countries such as Africa, rural parts of India and other underdeveloped countries.

One the most common but significant factors driving the adoption of feminine hygiene is safety and health of women during menstruation cycle. Every month women have to go through this natural process and it becomes extremely important to maintain hygiene during periods to avoid infection. Increasing awareness among women about maintaining hygiene is another factor, which is creating a positive impact on the overall market for feminine hygiene products. Changing lifestyle and increasing per capita income is also boosting the development of feminine hygiene products across the globe. Feminine hygiene products such as tampons, sanitary napkins and menstrual cups are user friendly and easily available. Feminine hygiene products are easy to carry and dispose thus making it convenient for the user. Government’s initiative in spreading awareness about maintaining hygiene especially among school girls is expected to boost the growth of feminine hygiene products.

Usage of feminine hygiene products is a debatable subject. In emerging economies across the globe, the main problem faced by individuals is the pricing of the products they use. With respect to feminine hygiene products, the increasing prices is expected to impact their adoption on a large scale, for instance, the high pricing of sanitary napkins is being criticized by women. This has resulted in increasing preference for homemade sanitary clothes that is expected to hamper the growth of feminine hygiene products market. Moreover, regular use of sanitary napkins or tampons spread allergies among women due to the material used while manufacturing the product. For instance, excessive use of sea sponges carry the risk of toxic shock syndrome, due to which manufacturers are carrying out product recalls, which is negatively impacting the growth of feminine hygiene products market. Lack of awareness among women population in underdeveloped regions such as Africa is another restraint hindering the market’s growth.

Asia-Pacific region is expected to reflect high market attractiveness and is anticipated to showcase high potential for growth of the feminine hygiene products market with respect to increased adoption. The reason behind this growth is the growing population in the region, especially China and India. Developed regions such as North America and Europe are also grabbing a significant revenue share in terms of usage of feminine hygiene products. Easy availability of feminine hygiene products due to large presence of supermarkets and greater awareness among female population about the use of hygiene products are the key factors responsible for the growth of the feminine hygiene products in developed regions such as Europe and North America. 

Lil-Lets, Johnson & Johnson, Ontex International, Procter & Gamble, SCA, Edgewell Personal Care and Kimberly-Clark Worldwide, Inc. are some of the key companies involved in the manufacturing of feminine hygiene products.

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters.

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
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Compact Track Loader Market: Incessant March of Compact Track Loader Persists Across Multiple Applications

June 11, 2019 by Steve Blade  

The compact track loader market report has been drafted by making use of a one-of-its-kind research approach. The research methodology used in the compact track loader market report is a result of both primary and secondary research. These two foundations of the research study on compact track loader market offer unmatched level of accuracy to the obtained data points for compact track loader market report. The process which follows the aforementioned processes is an extrusive secondary research on compact track loader market, and the compact track loader market report continues with a cross validation of data points by industry experts.

Compact track loader are basically skid steer loaders armed with high-flotation rubber tracks, enabling these versatile machines to operate amid poor underfoot conditions and on sensitive platforms. Also, a compact track loader is capable of working on and around finished landscapes without the risk of damaging turf and sprinkler systems.

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The lower cash outflow linked to similar-sized skid-steer pose challenge to compact track loader. As such, manufacturers are vying to reduce the operation of compact track loaders on asphalt and concrete surfaces. Moreover, manufacturers are seriously considering downtime costs while assessing compact track loaders. Manufacturers are providing more than 70 unique attachments in their products, including snow pushers, pallet forks, rotary cutters, snow blades, namely.

American Giants Scouting for Opportunities Created by Construction Projects in Emerging Nations

Key American companies operating in the compact track loader market are capitalizing on the sprouting construction projects in developing economies such as China and India. Caterpillar, one of prominent companies operating in the compact track loader market, observed that nearly half of its sales upturn came from construction and recognized China to be a ‘crucial’ contributor. In the 4th quarter of 2017, Caterpillar recorded that sales in APAC rise 22 percent year on year. According to the company, the surging building construction and infrastructure investment across budding economies is one of the primary reasons for this to happen.

Compact Track Loader Market: Overview

The report provides a coherent analysis on the compact track loader market which is backed up by qualitative and quantitative analysis. Additionally, the report delves into the happenings surrounding the market that have considerable impact on the growth of the Compact track loader market, incorporating drivers, opportunities, trends and restraints. Further, the report elucidates segregation of the market to offer a robust analysis of the market.

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The report includes executive summary, overview section which reveal a deep dive analysis of the Compact track loader market. Furthermore, market overview section focuses on PESTLE analysis to present a thorough assessment on the market. Meanwhile, the overview section delineates Porters’ Five Force analysis that will aid in analyzing competitive scenario with pertaining to compact track loader market.

Opportunities Abound as Compact Track Loaders Steadily Replace Steer Loaders in Construction and Mining Activities

A huge number of contractors in North America are preferring a compact track loader over a skid steer loader. In a bid to magnify productivity and uptime at low operating expenses, a substantial demand for compact track loader has been recorded from this region. This, in turn, is foreseen to be highly beneficial for the North America compact track loader market. Also, a remarkable demand registered for compact track loader can be attributed to the additional productivity offered.

Compact Track Loader Market: Competitive Landscape

The compact track loader market report offers meticulous intelligence to the readers by providing cutting-edge insights on key players indulged in manufacturing and distribution in the compact track loader market. This chapter in the compact track loader market report provides a detailed assessment of vital facets such as product portfolios, SWOT analysis, key personnel, company overview, revenue shares, and latest innovations in the compact track loader market. Key companies operating in compact track loader market and profiled in the report on compact track loader market include Caterpillar Inc., Deere & Co., Komatsu Ltd., Volvo Construction Equipment and Services Inc., Doosan Bobcat Inc., Yanmar Co. Ltd, CNH Industrial N.V, JCB, Inc., Kubota Corporation, Wacker Neuson SE, Kato Works Co. Ltd., Takeuchi Construction Machinery, Zhejiang Hero Time Machinery, and Sany Heavy Industry Co. Ltd.

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Automotive Switches Market: Rapid Adoption of Driver Assistance Technologies and Digital Infotainment Devices in Cars Affect the Growth

June 11, 2019 by Steve Blade  

 Fact.MR’s recent market analysis reveals a steady growth prospects for the automotive switches market based on thorough analysis of the prominent trends prevailing in the automotive industry. Increasing demand for electronic components in automobiles, growing preference for comfort and luxury in automotive interior and expansion of electro-mobility are important fillips of the automotive switches market identified in the report. Fact.MR’s study shows that the automotive switches market is estimated to witness a volume CAGR of 4.2% during the period of assessment 2018 - 2028. A significant rise in vehicle production, increasing size of vehicle fleet and growing demand for auto parts is projected to contribute to the sales volume of 4,207.6 Million units of automotive switches by 2028 end.

The introduction of consumer electronics for the past couple of decades has led to the change in approach of the manufacturers towards any machine. With the drastic increase in the computing power, electronics products offer the same complex function which belonged to the too expensive computers of the 1990s.

Segmentation

In this section, the market taxonomy of the automotive switches market is discussed elaborately with the in-depth information of all the market segments. The automotive switches market is segmented based on vehicle type, switch type and sales channel. With the geographical point of view, the automotive switches market is thoroughly analyzed for a total of seven regions where an in-depth country-wise analysis forms the basis of the global market forecast.

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Developing Economies Consolidate Small-Scale Automotive Switches Market Players

Economic growth and per capita income show significant influence on the outlook of automotive industry and growth of the auto parts market. The automotive switches market is prominently influenced by consumer buying power. Following this trend, tier 1 and tier 2 companies in the automotive switches market have a strong presence in the developed economies with their preference for OEMs for supply contracts. Whereas consumer preference for affordable prices has led to the consolidation of tier 3 companies of automotive switches in the developing countries.

According to the study, passenger car segment is slated to reign the automotive switches market with over 75 percent share. The rising demand for passenger cars in developing economies will propel the automotive switches market. As such, BIC—Brazil, India, China are significant contributors for the growth of automotive switches market.

Logistics Industry to Propel the Automotive Switches Market as Number of Vehicle Fleet on the Rise

With its important role in driving the steady economic growth, the logistics industry is witnessing an impressive growth trend with favorable government regulations, increasing preference for sharing fleets, and growing emphasis on effective logistics management.Increasing demand for quick delivery and effective inventory management has resulted into a significant rise in the number of vehicle fleet involved in transportation and warehousing. Growing utilization of electric vehicles in the logistics industry and a significant market share of automotive switches in the electric vehicles segment is set to present lucrative opportunities for stakeholders in the automotive switches market.

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The report includes executive summary, overview section which reveal a deep dive analysis of the Automotive switches market. Furthermore, market overview section focuses on PESTLE analysis to present a thorough assessment on the market. Meanwhile, the overview section delineates Porters’ Five Force analysis that will aid in analyzing competitive scenario with pertaining to automotive switches market.

Automotive Switches Market: Competitive Landscape

The competitive landscape section of the automotive switches market delivers a dashboard view of the key companies operating in the automotive switches market. The section also delivers a thorough information of key market players in the form of company profiles. Few of the key companies identified in the automotive switches market include Tokai Rika Co, Ltd., LS Automotive Technologies, Hella KGaA Hueck & Co., Panasonic Corporation, Robert Bosch GmbH, TE Connectivity, Honeywell International, ZF Friedrichshafen AG, Omron Corporation, Leopold Kostal GmbH & Co. KG, Toyodenso Co., Ltd., Industrial Engineering Syndicate (INENSY), and Aptiv PLC.

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Date Sugar Market Dynamics and Competitive Scenario through 2028

June 11, 2019 by Steve Blade  

Date sugar market is also gaining revenue profits from demand for contemporary homemade and whole-grain bread recipes, on the wake of its unique sweetness and flavor. Moreover, a radical shift toward incorporating viable alternatives of sugar in chocolates and other confectionery items is said to propel growth of Date Sugar Market. For instance, Kaakao, a prominent confectionery manufacturing brand, makes use of date sugar for sweetening its products.

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Date sugar market is gaining tailwinds from the growing momentum of date sugar across food and beverages industry for multiple uses, ranging from bakery goods to confectioneries. Date sugar market is driven by the emerging perception of date sugar as a low glycemic sugar substitute for the diabetic and the pre-diabetic population to keep their blood sugar levels in check. The rising propensity of natural and raw food enthusiasts toward food products involving minimum or ‘no’ processing is also likely to drive date sugar market.

Date sugar market is foreseeing an optimistic future with the evolution of date sugar as more of a culinary imperative, owing to it being perceived as a viable unrefined natural sweetener. Moreover, date sugar market is also poised to witness extensive demand of date sugar as a sprinkle for cereals, yogurt, and many more food items.

Food industry globally is focusing prominently on natural sweeteners instead of artificial white and refined sugar. This has created a rising demand for refined sugar substitutes such as brown sugar, Date sugar and Palm sugar. The response of consumers towards Date sugar and unrefined sugar s gradually increasing as they consider these products healthier than white refined sugar. This shift is mainly due to food research that has suggested that, synthetically produced sugar and sugar products can have an adverse effect on one’s health. Additionally, consumers globally are getting more aware of multiple nutritional factors Date sugar possess and the associated benefits, such as added health benefits of reduced risks of diseases related to metabolism, obesity ,diabetes and increasing antioxidant levels. Consumers looking for ethical sourcing and quality product, Lure for sweet but healthy products are leaning towards date sugar.

Date Sugar is a sweetener derived from dehydrated dates from any of the varieties of date trees. Date sugars are similar in their applications like all other forms of sugar. In general, Date Sugar is produced by dehydrated dates that are grounded to resemble granulated form of sugar. Date sugar has a sweet, butterscotch like flavor which has a similar appearance to brown sugar. Date sugar has various applications in food and bakery industry. It’s used widely in Bakery products such as muffins, in oatmeal and preparation of caramel. Date sugar is rich in potassium, vitamins and iron

Though Date sugar was originally introduced as a new, ‘healthier’ artificial sweetener substitute for refined sugar, critical research makes Date Sugar a better option for consumers, which is expected to boost the growth of the Date Sugar market.

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The growing interest among consumers in organic food products has been very beneficial for the organic Date sugar industry. The demand for organic produced products and food has been witnessing steady growth, globally, in the past few years. Date sugar products are largely marketed as organic, have high nutrient value. Consumer demand for organic products and food continues to show a progressive growth, providing market positive incentives for Date sugar manufacturers globally resulting into growth of Date sugar. For instance in the U.S., organic food sales are around for over 5% of the total U.S. food sales as per the industry statistics collected by the USDA. According FOAM – Organics International (2017), the global organic food market is estimated to be valued at US$ 80 Bn, and the U.S. has the largest share of 47%. This is expected to trigger the growth of Date sugar market in North America as U.S holds a larger share in the region.

Some of the key players operating in global date sugar market are Bob's Red Mill, Desert Valley Date, Barry Farm, Now Foods and Mawana Sugars among others.

Manufacturers are recently focused on launching date sugar in different forms, like the liquid form, and are estimated to develop its research and development in Date Sugar products as a result order to expand their consumer base and increase their global presence in date sugar market.

The growing interest among North American and European consumers in naturally sourced products, provides opportunities for traded Date Sugar. Consumers in North America and Europe are primarily concerned about manufacturers and the situations under which the product is manufactured. Moreover, consumers also prefer sugar products which taste similar to white sugar and refined sweeteners. Date Sugar tastes a lot similar to refined or white sugar with a good amount of sucrose and low mineral content.  Additionally, there is a growing scope of consumers who are concerned about diabetes even without having been diagnosed as diabetic. Consumer are concerned about their health, and are already taking preventive measures to be free from all such diseases, by opting for a more healthier form of sugar, i.e. Date sugar, and this is expected to support the growth of the Date sugar market over the forecast period.

A modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the key product types, applications and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters.

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Non-GMO Flour Market Valuable Growth Prospects and Insights on Future Scenario

June 11, 2019 by Steve Blade  

Non-GMO flour is obtained from the milling of non-genetically modified grain (Non-GMO) or a combination of various types of grains and non-grain flour, which essentially has lower gluten content than conventional flour. Non-GMO flour contains several health benefits which are not usually derived from traditional flour or GMO flour. This flour exhibits limited gluten content with improved nutrient quantities, thus offering additional benefits to consumers. Increasing demand for bakery products coupled with the rising trend of gluten-free and Non-GMO Flour products consumption is expected to drive the Non-GMO Flour Market over the forecast period.

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The non-GMO flour market is likely to remain influenced with growing consumer inclination toward healthy diet worldwide. Various lifestyle diseases have translated in a paradigm shift toward gluten free food products and non-GMO flour is no exception. The non-GMO flour being organic in nature, facilitate removal of bad fat, supporting in maintaining cardio-vascular health of people. In addition non-GMO flour removes obesogens that stack body fat, which results in lower cholesterol levels.

Growing certifications from regulatory authorities are expected to impact the growth of non-GMO flour market. The USDA (U.S. Department of Agriculture) and Non-GMO Project Verified are two vital certifications that non-GMO flour must undergo in order to enter the commercial market. Main focus behind these stringent certifications on non-GMO flour is to gain consumer confidence on non-GMO flour and other organic products, largely to push the organic trend worldwide. However, though these certifications ensure zero dent in consumer confidence, it becomes difficult for non-GMO flour producers to fully meet certification requirements.

Non-GMO flour market has witnessed regulatory petition against labelling of non-GMO flour. Recently, the Information Technology and Innovative Foundation (ITIF) has filed a petition to the FDA regarding non-GMO flour labelling. According to ITIF, FDA should forbid producers from using non-GMO label on the back of misleading claims and misbranding of products including non-GMO flour. FDA’s decision on labelling of non-GMO products including non-GMO flour is still pending with rules on labelling to be finalized in Q4 2018.

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Rising demand for Non-GMO based Flour food such as bakery products and R.T.E. products along with changing consumer preferences have propelled this market globally. Europe holds a relatively high share of bakery products consumption across the globe. Bread accounts for 79% of the total bakery products consumed in Europe and North America. Bread are consumed on a regular basis and are a staple food in Europe and North America as per capita bread consumption in Europe is approximately 63 kg. R.T.E. products such as cakes, pizza, and biscuits produced by NON-GMO flour are gaining popularity among the youth, which is likely to create further growth opportunities for the Non-GMO flour market. Increasing disposable incomes in western countries and subsequent concerns about healthy, Non-GMO flour-based products consumption are driving the market in this region. Owing to above-mentioned reasons, the demand for bakery products is expected to increase in the coming years and this will lead to the rise in demand for Non-GMO flour across different countries across Europe.

Non-GMO flour Products: KAMUT Khorasan wheat grains have never been genetically modified and are free from genetically modified organisms. Bob's red mill produces KAMUT Khorasan wheat grans flour which is a Non-GMO flour in a similar way many producers and manufactures such as Montana flour are using KAMUT Khorasan wheat grains to meet the demand of the Non-GMO flour.

Rising concerns about gluten-free products have facilitated the growth of the Non-GMO flour market. The gluten content in flour leads to adverse effects on human health, causing indigestion, intestinal damage, and chronic diarrhea. Health consciousness among consumers coupled with increasing awareness about gluten-free products is driving the Non-GMO flour market globally. Consumers especially in North America and Europe are avoiding GMO flour and are opting for Non-GMO flour products which is a current upcoming trend for this market. This rising health responsiveness has consequently augmented the consumption of substitute, gluten-free varieties of Non-GMO flour such as white rice flour, brown rice flour, maize flour, barley flour, corn flour. Non-GMO flour is a fast expanding food category, demonstrating that this market exhibits immense growth potential over the forecast period. Thus, demand for these products is an imperative factor driving the Non-GMO flour market at present and its influence is expected to continue over the forecast period.

A modeling-based approach and triangulation methodology will be followed to estimate data covered in this report. A detailed market understanding and assessment of the key product types, origin, applications and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters.

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
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Tilapia Market Latest Trends and Key Drivers Supporting Growth through 2028

June 11, 2019 by Steve Blade  

As one of the most popular farmed fish, a bulk of tilapia consumption, mostly fresh tilapia is met by domestic production. Especially in the Asian seafood industry, supply chain starts from small fish farmers to big city vendors. China, the world’s largest producer of tilapia also exports only about 10% of its total tilapia production. Following this, the tilapia marketplace continues to remain consolidated among Tier 3 players. In the highly unorganized market, small players continue to leverage opportunities in the domestic Tilapia Market with their strong local presence and limited regulatory constraints.

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The U.S. remains one of the largest importers of Chinese tilapia. However, according to FAO, in the first two quarters of 2017, global tilapia trade witnessed a decline of 6%, attributed to weakening consumer demand, increasing participation of other countries in the global tilapia trade and growing preference for other specialty fishes. A special palate for pangasius has been witnessed among seafood consumers worldwide. Led by Vietnam, nearly half of the global supply of pangasius is held by India, Bangladesh, Indonesia, Malaysia, and China.

The U.S. and China continue to remain largest consumers of pangasius. Following the increasing domestic demand and lower prices of pangasius, Chinese tilapia farmers are adopting farming of other fish varieties including pangasius. These dynamics continue to deter the future growth of the Chinese tilapia exports in prominent tilapia market.

Tilapia Lake Virus (TiLV) is an emerging threat to global tilapia market where established markets show concern towards risks of introduction of infection through imports. In a bid to avoid a considerable production loss due to TiLV infection, aversion for imports from TiLV-prone countries is observed wherein national markets show increased concern for low quality and possible contamination risks. However, imports continue against the backdrop of widening the supply-demand gap, in turn, adding the risks of production loss.

Although, active surveillance work by governments and development partners is underway aquaculture lacks effective vaccines for viral diseases including TiLV. Owing to this, TiLV continues to remain a challenge for tilapia producing countries.

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In 2017, over 95% of the global tilapia production was consumed in the domestic market as cheaper, commoditized tilapia. While a hefty demand of commoditized tilapia is addressed by local players, prominent market players and producers are diversifying their product offerings to target high potential markets in the U.S. and EU28. Eco-labeling, low-antibiotic production processes and convenience packaging are few of the differentiated features added in processed seafood in a bid to establish a clear distinction between commoditized and premium tilapia products. 

Addition of diversity in premium tilapia offerings is meant to target expanding of middle-class and health-conscious urban demographic. While the U.S. imports a bulk of Chinese tilapia, an appetite for tilapia remains considerably lower in the EU28 market. Increasing purchase of premium and pre-prepared seafood products in these leading importer destinations is expected to stimulate the sales of premium tilapia products in the U.S. and EU28.

The domestic market witnesses dominance of fresh varieties of tilapia whereas exports are majorly inclined towards frozen varieties, as the nature of commodity is perishable. In addition, increasing palate for this fish has made tilapia one of the most popular fishes consumed in restaurants and seafood aisles. Although a lower volume consumption has been observed in the international tilapia market in past years, demand for frozen fillets continues to capture consumer traction owing to increasing pallet for tilapia fillet dishes and lower prices of frozen varieties as compared to fresh tilapia.

The competitive landscape section of the tilapia market report offers a thorough competitive assessment of the market. Fact.MR provides a comprehensive dashboard view of key market players, company share analysis and thorough company profiles in this section of the tilapia market report. Few of the profiled key market players include Baiyang Aquatic Group, Blue Ridge Aquaculture, Inc., Guangdong Gourmet Aquatic Products Co. Ltd., Ananda Aqua Exports Private Limited, Hainan Xiangtai Fishery Co., Ltd., Beihai Evergreen Aquatic Product Science & Technology Co. Ltd., Regal Springs Tilapia, Mazzetta Company, LLC., North Atlantic Fish Co., Inc. and Netuno Internacional S/A.

Key companies in the tilapia market are engaged in expansion and vertical integration to strengthen market presence and expand their global footprints. For instance, Blue Ridge Aquaculture, Inc., in 2017, opened a new mill – Blue Ridge Aquafeeds with the investment of US$ 5 million. Another prominent player Regal Springs was acquired by Golden Springs Group in 2016. Golden Springs continued the expansion of Regal Springs with its know-how in the life science sector.

Tilapia is a common name for all types of cichlid fish species. Majorly tilapia are freshwater fishes and rarely found in brackish water. The worldwide popularity of tilapia dishes has led to the introduction of a variety of tilapia products including fresh and frozen varieties of whole tilapia and tilapia fillet.

The tilapia market study carried out by Fact.MR has been compiled in the report titled, “Tilapia Market Forecast, Trend Analysis and Competition Tracking – Global Review 2018-2028”. The tilapia market report focuses on prominent trends in the production and marketing space of the market that have a significant impact on the supply-demand equation of the tilapia market during the forecast. The tilapia market report covers all the vital facets of the global marketplace and delivers key insights, challenges and growth opportunities in the tilapia market during the forecast period.

To deliver an all-inclusive outlook of the tilapia market, Fact.MR has divided the report into four segments such as species type, form type, catch type and regions. In the species type segment, the tilapia market has sub-segments namely Nile tilapia, Blue tilapia, Mozambique tilapia and Wami tilapia. Different form of tilapia available in the market are fresh whole tilapia, frozen while tilapia, fresh tilapia fillet and frozen tilapia fillet. Based on catch type, tilapia market is subcategorized into wild catch tilapia and aquaculture tilapia.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
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